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GamesRadar is still going? Wow!... I thought it must have died in the DotCom crash? ... I remeber when it looked like it was turning into quite a cool site? ... anyway, whilst walking down memeory lane, I found this there...
'Nintendo boss says the company will instead just focus on developing games
Gamecube may be Nintendo's last console. This was the shock news that was revealed at a analyst meeting yesterday by recently appointed Nintendo boss Satoru Iwata.
In talking about Ninty's future direction, Iwata said that the company would focus on making better games and expanding its share of the games market as opposed to designing ever-more powerful consoles.
"We're reaching the limits of how far we can appeal to consumers by boosting the machine's performance or providing more compelling graphics and sound," he said. "I feel like a chef cooking for a king who's full."
This is not to say that he's not ambitious for Gamecube though, saying that Nintendo intend to shift a staggering 50 million Cubes by March 2005.
The company recently announced annual profits of 106 billion yen ($849 million), an increase of 10% from the previous year, although Iwata expressed concern over the console war.
"Price cuts in software could destroy the game industry," he said. "The effort to produce machines with better technology has reached its limit. If things continue, they may lead to the decline of the entire games industry."'
'Nintendo boss says the company will instead just focus on developing games
Gamecube may be Nintendo's last console. This was the shock news that was revealed at a analyst meeting yesterday by recently appointed Nintendo boss Satoru Iwata.
In talking about Ninty's future direction, Iwata said that the company would focus on making better games and expanding its share of the games market as opposed to designing ever-more powerful consoles.
"We're reaching the limits of how far we can appeal to consumers by boosting the machine's performance or providing more compelling graphics and sound," he said. "I feel like a chef cooking for a king who's full."
This is not to say that he's not ambitious for Gamecube though, saying that Nintendo intend to shift a staggering 50 million Cubes by March 2005.
The company recently announced annual profits of 106 billion yen ($849 million), an increase of 10% from the previous year, although Iwata expressed concern over the console war.
"Price cuts in software could destroy the game industry," he said. "The effort to produce machines with better technology has reached its limit. If things continue, they may lead to the decline of the entire games industry."'
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I don't think they meant that they wont be making another console I think it's more of a case that they dont want to enter into this "my hardrive's bigger than yours" hardware war and just stick to what they do best making games.
If Nintendo stop makng consoles, I'll no longer be a gamer, it's that simple.
and this is the same article from cubeeurope :
Nintendo said today it aims to sell 50 million of its GameCube game consoles globally by March 2005. Goody! Full press release below!
It still has a long way to go, however, to catch Sony PlayStation 2, the dominant home video game platform worldwide with more than 30 million units shipped since its debut in March 2000.
Nintendo launched the GameCube last September and has set a shipment target of 12 million units for the business year that started in April, compared with Sony's target of 20 million PlayStation 2s.
President Satoru Iwata reiterated Nintendo's strategy of appealing to consumers with innovative games, rather than trying to build ambitious entertainment platforms like Sony's PlayStation 2 and Microsoft Xbox.
"We're reaching the limits of how far we can appeal to consumers by boosting the machines' performance or providing more compelling graphics and sound," Iwata told an analysts' meeting.
"For the past few years we've been looking for new ways to surprise people, new ways for them to have fun."
Sony, Nintendo and Microsoft all announced hefty price cuts last month for their cutting- edge consoles, aiming to expand their customer base as they jostle for the fat profits to be earned from software sales.
Iwata expressed concern, however, that the price-cutting fever in hardware may spread to software, where it could do severe damage to game makers' bottom lines.
"We have a sense of crisis, that price cuts in software could destroy the game industry," he said.
He also defended the company's policy of maintaining a huge hoard of cash rather than investing it in new businesses or elsewhere.
"We have 900 billion yen ($7.25 billion) but one of our rivals, Microsoft, has five trillion yen," he said.
"This is a high-risk business...There may come a time when we would have to make intensive investments."
Nintendo's shares ended 0.58 percent lower at 17,100 yen on Thursday, in line with a 0.76 percent drop in the benchmark Nikkei average.
They fell as far as 16,710 yen in the afternoon, their lowest since last September, and have shed more than a quarter of their value since the start of the year, due in part to worries about price competition.
it doesn't say in there that Gamecube will be ninty's last console , what it does say is :
President Satoru Iwata reiterated Nintendo's strategy of appealing to consumers with innovative games, rather than trying to build ambitious entertainment platforms like Sony's PlayStation 2 and Microsoft Xbox.
this could mean that they will only make games , but i doubt it. They probably ment that they will just stick to making games only consoles like the gamecube , instead of making a complete entertainment system like sony and MS. But if they do stop making consoles , i reckon they will only stop the home console business , as i read somewhere before that nintendo said that gamers will become far more interested with portable gaming , eg the GBA. So if they do stop making consoles , they will continue with the Gameboy's.
Nintendo said today it aims to sell 50 million of its GameCube game consoles globally by March 2005. Goody! Full press release below!
It still has a long way to go, however, to catch Sony PlayStation 2, the dominant home video game platform worldwide with more than 30 million units shipped since its debut in March 2000.
Nintendo launched the GameCube last September and has set a shipment target of 12 million units for the business year that started in April, compared with Sony's target of 20 million PlayStation 2s.
President Satoru Iwata reiterated Nintendo's strategy of appealing to consumers with innovative games, rather than trying to build ambitious entertainment platforms like Sony's PlayStation 2 and Microsoft Xbox.
"We're reaching the limits of how far we can appeal to consumers by boosting the machines' performance or providing more compelling graphics and sound," Iwata told an analysts' meeting.
"For the past few years we've been looking for new ways to surprise people, new ways for them to have fun."
Sony, Nintendo and Microsoft all announced hefty price cuts last month for their cutting- edge consoles, aiming to expand their customer base as they jostle for the fat profits to be earned from software sales.
Iwata expressed concern, however, that the price-cutting fever in hardware may spread to software, where it could do severe damage to game makers' bottom lines.
"We have a sense of crisis, that price cuts in software could destroy the game industry," he said.
He also defended the company's policy of maintaining a huge hoard of cash rather than investing it in new businesses or elsewhere.
"We have 900 billion yen ($7.25 billion) but one of our rivals, Microsoft, has five trillion yen," he said.
"This is a high-risk business...There may come a time when we would have to make intensive investments."
Nintendo's shares ended 0.58 percent lower at 17,100 yen on Thursday, in line with a 0.76 percent drop in the benchmark Nikkei average.
They fell as far as 16,710 yen in the afternoon, their lowest since last September, and have shed more than a quarter of their value since the start of the year, due in part to worries about price competition.
it doesn't say in there that Gamecube will be ninty's last console , what it does say is :
President Satoru Iwata reiterated Nintendo's strategy of appealing to consumers with innovative games, rather than trying to build ambitious entertainment platforms like Sony's PlayStation 2 and Microsoft Xbox.
this could mean that they will only make games , but i doubt it. They probably ment that they will just stick to making games only consoles like the gamecube , instead of making a complete entertainment system like sony and MS. But if they do stop making consoles , i reckon they will only stop the home console business , as i read somewhere before that nintendo said that gamers will become far more interested with portable gaming , eg the GBA. So if they do stop making consoles , they will continue with the Gameboy's.
I read that on Gamespot a few days ago.
Well, if they did finish making consoles after the GC, they'd go out on a high.
:-)
Well, if they did finish making consoles after the GC, they'd go out on a high.
:-)
GamesRadar is still going? Wow!... I thought it must have died in the DotCom crash? ... I remeber when it looked like it was turning into quite a cool site? ... anyway, whilst walking down memeory lane, I found this there...
'Nintendo boss says the company will instead just focus on developing games
Gamecube may be Nintendo's last console. This was the shock news that was revealed at a analyst meeting yesterday by recently appointed Nintendo boss Satoru Iwata.
In talking about Ninty's future direction, Iwata said that the company would focus on making better games and expanding its share of the games market as opposed to designing ever-more powerful consoles.
"We're reaching the limits of how far we can appeal to consumers by boosting the machine's performance or providing more compelling graphics and sound," he said. "I feel like a chef cooking for a king who's full."
This is not to say that he's not ambitious for Gamecube though, saying that Nintendo intend to shift a staggering 50 million Cubes by March 2005.
The company recently announced annual profits of 106 billion yen ($849 million), an increase of 10% from the previous year, although Iwata expressed concern over the console war.
"Price cuts in software could destroy the game industry," he said. "The effort to produce machines with better technology has reached its limit. If things continue, they may lead to the decline of the entire games industry."'
'Nintendo boss says the company will instead just focus on developing games
Gamecube may be Nintendo's last console. This was the shock news that was revealed at a analyst meeting yesterday by recently appointed Nintendo boss Satoru Iwata.
In talking about Ninty's future direction, Iwata said that the company would focus on making better games and expanding its share of the games market as opposed to designing ever-more powerful consoles.
"We're reaching the limits of how far we can appeal to consumers by boosting the machine's performance or providing more compelling graphics and sound," he said. "I feel like a chef cooking for a king who's full."
This is not to say that he's not ambitious for Gamecube though, saying that Nintendo intend to shift a staggering 50 million Cubes by March 2005.
The company recently announced annual profits of 106 billion yen ($849 million), an increase of 10% from the previous year, although Iwata expressed concern over the console war.
"Price cuts in software could destroy the game industry," he said. "The effort to produce machines with better technology has reached its limit. If things continue, they may lead to the decline of the entire games industry."'
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